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Sony and TSMC Invest 1 Trillion Yen in Next-Generation Sensors

TOKYO - Sony Group and Taiwan Semiconductor Manufacturing Co. announced on August 11 that they have formally agreed to jointly produce next-generation image sensors, with total investment expected to reach about 1 trillion yen and mass production scheduled to begin in Kumamoto Prefecture in 2029.

The two companies plan to manufacture the advanced sensors at a semiconductor plant in Kumamoto as they seek to establish large-scale production of the next generation of imaging technology.

A joint venture to be established by the companies will be funded about 60% by Sony and about 40% by TSMC. Including subsidies currently under discussion with the Japanese government, the overall investment is expected to total around 1 trillion yen.

The venture expects to supply products for Apple's iPhone and will also pursue technological innovation aimed at emerging fields including physical AI.

Source: テレ東BIZ

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Japan's financial markets suffered another sharp setback on October 22 as heavy selling in semiconductor and artificial intelligence-related stocks sent the Nikkei 225 down 1,713.40 points, or 2.65%, to 62,907.84, its lowest closing level since July 30.

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A growing wave of cyberattacks across Japan has raised concerns over the possible use of Chinese-developed artificial intelligence in hacking operations, with personal information belonging to tens of thousands of police employees potentially exposed and major companies forced to suspend online services, while cybersecurity experts warn that slow decision-making within Japanese organizations is allowing damage to spread.

Tokyo stocks rebounded on October 21, with the Nikkei 225 closing 545.82 points higher at 64,621.24, a gain of 0.85%, as stronger U.S. equities, renewed buying in technology shares and encouraging Japanese export figures helped the market recover from two consecutive sessions of losses.

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Japan's Nikkei 225 Stock Average closed at 64,075.42 on October 20th, falling 841.28 points, or 1.30%, as renewed selling in semiconductor and artificial intelligence-related shares, rising oil prices and concerns over inflation pushed Tokyo stocks lower for a second consecutive session.

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Japan's Nikkei Stock Average closed 407.59 points lower at 64,916.70 on October 19, a decline of 0.62%, recovering from an intraday plunge of more than 1,400 points as concerns over artificial intelligence investment weighed on semiconductor and technology shares, while buying in banks, utilities and other domestic sectors helped the broader TOPIX index finish slightly higher.